Last Week We gave Chopad Level of 15729 Nifty gave SHORT Entry which did all target on DOWNSIDE so EXCELLENT Week for Chopad Followers,Coming week as Saturn goes opposition combined with RBI Policy can give trending move in Market.
Nifty Harmonic Pattern
Price almsot reached the PRZ Zone again now heading down towards 15555 if unable to close above 15864
Nifty Gann Angles
Price is unable to cross gann angle resistance zone
Planetary Cycles and Nifty Movements
Price took resitsance at Mercury line.
Nifty Supply and Demand
Self Explanatory chart..
Nifty Time Analysis Pressure Dates
Nifty As per time analysis 02/06 Aug is Pressure date , impulsive move can be seen around these dates.
Nifty Weekly Chart
Price knocking resitance zone for 6 time.
Trading Monthly Charts
Perfect Doji on Monthly chart, Breakout above 15962 and Breakdown below 15512.
Nifty Weekly Chopad Levels
Nifty Trend Deciding Level: 15800
Nifty Resistance: 15864,15933,16010,16100,16196
Nifty Support:15729,15666,15610,15555,15485
Levels mentioned are Nifty Spot
Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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